US crude oil closed below $44 per barrel for the first time since March 2014 on Friday, as rig count increases and dollar gains strength. West Texas Intermediate (WTI) crude oil, the US benchmark for oil prices, closed 79 cents lower at $43.87 per barrel on August 7, which is close to its March low of $43.46 per barrel - its lowest level since the financial crisis of 2009. Brent crude oil futures fell 91 cents to close at $48.61 per barrel on Friday, after closing at nearly $70 per barrel in Jun...
US crude oil closed below $44 per barrel for the first time since March 2014 on Friday, as rig count increases and dollar gains strength. West Texas Intermediate (WTI) crude oil, the US benchmark for oil prices, closed 79 cents lower at $43.87 per barrel on August 7, which is close to its March low of $43.46 per barrel - its lowest level since the financial crisis of 2009. Brent crude oil futures fell 91 cents to close at $48.61 per barrel on Friday, after closing at nearly $70 per barrel in Jun...
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